[mst]

I'd been thinking about this.

My thought was that rather than going straight onto the cap table, the government would get a sort of option set where either you pay back the loan with interest or if for whatever reason you need to defer/reduce payments then they get the shares. Not honestly for your benefit so much as because accounting for and disposing of that shareholding is not something the government is set up to do efficiently so avoiding them needing to as much as possible seems sane.

(also a business owner here, but a purely bootstrapped one hence my vagueness around the terminology - but hopefully the idea makes some sort of sense and if it actually sounds useful then somebody who does grok the cap table side of things can flesh it out ;)